Autumn Budget 2024
Autumn Budget 2024
Analysis and commentary from Barlow Andrew’s team of tax experts, identifying the key changes and outlining the practical implications of the Autumn Budget 2024 for you and your business.
Our team of tax experts have summarised some of the main changes in our guide, here’s some of the highlights:
- Increase in Capital Gains Tax rates from 30 October 2024.
- Personal tax rates and allowances on income continue to be frozen at current levels with no increases until 2028/29.
- Substantial increases in Employers’ National Insurance Contributions from 6 April 2025.
- Stamp Duty Land Tax surcharge for buying additional dwellings increased from 31 October 2024.
- Confirmation that VAT will apply to private school fees from January 2025.
- IHT agricultural and business property reliefs restricted from April 2026.
In our Autumn Budget Guide, we explore the impact of these changes on you and your business. Navigating these changes can be challenging. Our tax experts have summarised the main changes announced by the chancellor. You can download it again here.
If you would like more detailed, one-to-one advice on any of the issues raised in the Autumn Budget 2024, please do get in touch.